829 Forest Avenue, Portland, ME 04103

$2,000,000
Property Type: Multi-Family Baths: 4 Square Footage: 2,076 Lot Size (sq. ft.): 23,522 Status: Active
Current Price: $2,000,000 List Date: 9/02/2026 Last Modified: 9/02/2026

Overview

Description

Prime Commercial Opportunity with Additional Multifamily Building & Ample Parking! Discover a versatile commercial property offering two buildings, multiple income possibilities, and a huge paved parking lot—all situated on one completely fenced-in lot. The 1999 commercial building features durable metal siding, metal roofing, and block-face construction, along with two separate 1st floor level of storefront/retail space, providing flexibility for a variety of business uses. A one-car attached garage adds valuable storage or workspace, while the expansive paved lot offers plenty of parking for customers, employees, tenants, or multiple businesses. Also included is a detached three-unit building constructed in 1980, featuring vinyl siding, vinyl trim, and gutters. The building consists of a three-bedroom, two-bath main residence, a one-bedroom first-floor apartment, and a two-bedroom second-floor apartment, along with a one-car garage. This additional building offers excellent potenti ...

Listing Details MLS# 1678820

Location Information

Street #
829
Street Name
Forest
Street Type
Avenue
County
Cumberland
Town
Portland
State/Province
ME
Zip Code
04103
Zip +4
4107
Leased Land
No
Book
32445
Page
122
Map
137
Lot
C-004-001/C-007-001
Zoning
B-2B
Zoning Overlay
No
Association
No
Full Tax Amount $
15479
Tax Year
2025
Tree Growth Y/N
No

Contract Information

Kick-Out
No
Original List Price
2000000

Property Information

Surveyed
Yes
Seasonal
No
Owner Occupied
No
Deed/Conveyance Type Offered
Warranty
Deed
All
Deed Restrictions
Unknown
Bank Owned REO
No
2 Detached Houses on 1 Lot
No
Number of Units
3
Total Baths
4
Total Full Baths
4
Color
White
Year Built
1980
SqFt Finished Above Grade
2076
SqFt Finished Total
2076
SqFt Source
Public Records
Garage
Yes
Garage Spaces
Yes
Lot Size Acres +/-
0.54
Source of Acreage
Public Records
Road Frontage
Yes
Road Frontage +/-
157
Source of Road Frontage
Public Records

Water Info

Waterfront
No
Water View
No

Building Info

# Stories
2
# Floors
2
# Heating Units
2
# Water Heaters
Yes

Units

# of 1 BD Units
Yes
# of 2 BD Units
Yes
# of 3 BD Units
Yes

More Information

Unit 1

Lease
No
Level
First
Security Deposit
No
# Full Baths
2
# of Rooms
5
# of Bedrooms
3
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
Yes
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 2

Lease
No
Level
Second
Security Deposit
No
# Full Baths
Yes
# of Rooms
4
# of Bedrooms
2
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Unit 3

Lease
No
Level
First
Security Deposit
No
# Full Baths
Yes
# of Rooms
3
# of Bedrooms
Yes
Dedicated Electric Meter
Yes
Dedicated Gas Meter
No
Dedicated Water Heater
No
Electric
No
Heat
No
Range
Yes
Refrigerator
Yes
Sewer
Yes
Water
Yes

Vehicle Storage

Attached
Yes

Utilities

Utilities On
Yes

Property Features

Site: Level; Open; Sidewalks Location: Intown; Near Railroad; Near Shopping Roads: Paved; Public Transportation: Major Road Access View: Trees/Woods Style: New Englander Levels: Two Construction: Wood Frame Other Structures: Shed(s) Basement: Brick/Mortar; Bulkhead; Dirt Floor; Partial; Slab; Unfinished Basement Entry: Bulkhead Foundation Materials: Brick/Mortar; Granite; Poured Concrete; Slab Exterior: Metal Clad; Vinyl Siding Roof: Metal; Pitched; Shingle Heat System: Direct Vent Furnace; Other Heat System Heat Fuel: K-1/Kerosene Water Heater: Electric; Tank Cooling: None Floors: Carpet; Ceramic Tile; Laminate Amenities: 1st Floor Bedroom; Fence; Laundry - Hookup; Storage Patio and Porch Features: Deck Equipment: Internet Access Available Driveway: Paved Parking: 11 - 20 Spaces; On Site; Paved Vehicle Storage: 1 Car Restrictions: No Restrictions Electric: Circuit Breakers Gas: No Gas Sewer: Public Sewer Water: Public

Documents

IDX
Listing Office: Better Homes & Gardens Real Estate/The Masiello Group
Last Updated: September - 02 - 2026
Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. Copyright ©2026 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity.
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